Italian offshore contractor Saipem has been awarded two new offshore contracts for transportation and installation activities (T&I) for a total amount of over $600 million. The first contract was awarded by Chevron for the Jansz-Io Compression Project, the gas field located around 200 kilometres offshore the north-western coast of Australia,
U.S. infrastructure investment fund Global Infrastructure Partners (GIP) will sell its 25.7 per cent interest in Freeport LNG to JERA Americas for $2.5 billion. Courtesy of Freeport LNG The closing of the transaction is subject to customary regulatory approvals and closing conditions. Freeport LNG is an LNG export company with
Australian energy company Global Energy Ventures (GEV) has received firm commitments to raise $10 million via a share placement to accelerate the development of a new green hydrogen export project located on the Tiwi Islands, Australia. As informed, the placement will comprise the issue of approximately 80.0 million new fully
Australian energy major Woodside has entered into a sale and purchase agreement with Global Infrastructure Partners (GIP) for the sale of a 49 per cent interest of the second train at its Pluto LNG export facility. Courtesy of Woodside GIP buys 49 per cent of non-operating participating interest in the
In this week’s In Focus, we put spotlight on COP26 and energy transition updates which include biggest polluters pledging to joint action against climate change, oil majors joining forces for decarbonisation of energy and industry, and governments proposing phasing out coal and fossil fuel subsidies while investing heavily in clean
American cruise company Carnival Cruise Line has revealed the name of its third LNG-powered Excel-class cruise ship as Carnival Jubilee, setting sail in 2023. Courtesy of Carnival Cruise Line The 182,800 gross tonnage Carnival Jubilee joins sister ships Mardi Gras and Carnival Celebration. To remind, Mardi Gras is the first LNG-powered
U.S. LNG exporter and producer Cheniere Energy has signed a medium-term LNG supply agreement with French energy major Engie. Courtesy of Cheniere Under the deal, Cheniere is to supply LNG to Engie for a period of eleven years. Units of Cheniere revealed this in a letter to the U.S.. Department
South Korean shipbuilding company Daewoo Shipbuilding and Marine Engineering has received an order for two liquefied natural gas (LNG) carriers from Maran Gas Maritime, a subsidiary of the Angelicoussis Group, the largest shipping company in Greece. As disclosed, these ships will be built at the Okpo Shipyard and delivered to
Teekay LNG Partners, one of the world’s largest owners of LNG carriers, has priced NOK 1,000 million ($115,194) in new senior unsecured bonds that mature in November 2026 in the Norwegian bond market. Courtesy of Teekay LNG Teekay is providing LNG and LPG services primarily under long-term, fee-based charter contracts.
Canadian coffee roaster Café William has taken advantage of its partner Sailcargo’s presence at COP26 to announce its investment in the first zero-emission sailing cargo ship to transport its coffee beans from South America to its roasting plant in Sherbrooke, Quebec. Voilier Ceiba. Photo: CNW Group/Café William “This is a
